Trump imposes a 30% tariff on the EU and Mexico: Will Bitcoin's price react?

After several months of calm following the extension of tariff deadlines, U.S. President Trump has taken action against several countries in the past week or so, with the latest targets being Mexico and all EU countries.
Considering Bitcoin's response to the initial threats in April, the question now is whether the recent recovery of the asset and its leap into uncharted territory will come to an end.
Breaking News: President Trump announces a 30% tariff on the EU and Mexico.
Trump stated that if they take retaliatory measures, these tariffs will be increased by the same amount as the level of retaliation.
A letter addressed to "Your Excellency" - Ursula von der Leyen of the European Union wrote that Trump considers it a "great honor" to showcase the strength and commitment of the trade relationship between the two sides, even though there is "one of the largest trade deficits" between the US and the EU.
Therefore, POTUS described the 30% tariff that will take effect on August 1 as "a more balanced and fair trade," which will allow the United States to continue maintaining relations with the European Union.
At the same time, Trump's letter mentioned that the EU would "allow the United States complete market access without charging us tariffs in an attempt to reduce the huge trade deficit," and issued the following warning:
"If for any reason you decide to raise tariffs and retaliate, then whatever amount you choose to raise will be added on top of the 30% we charge."
The letter to Mexican President Claudia Pardo conveyed a similar message and the same threat.
Recent history earlier this year indicates that the price of Bitcoin is often highly influenced by the tariffs imposed by the U.S. President on other countries or even threats of such tariffs. In April of this year, when Trump imposed tariffs on almost all countries, BTC dropped from over $100,000 to less than $75,000, marking its lowest point in five months.
Since then, it has recovered a lot and soared to a historic high of over 119,000 earlier this week. It will be interesting to observe whether the latest round of tariffs will hinder its progress or if Bit will break through these tariffs.
#BTC